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What Should You Know If You Have Debts In Collections?

Taurus Collect

Having debts in the collection primarily means that a third party is pursuing you to retrieve payments for your debts on behalf of your creditors. Debt collection is a process that gives debtors certain rights that debt collection agencies must respect.

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FICO XD is Changing the Way Consumers Build Credit

Titan Consulting

The FICO XD scoring model now provides millions of consumers access to a credit score, that were once overlooked, mostly from a lack of data. Fico XD helps young adults, immigrants, and those with past credit challenges that resulted in closing all credit accounts. Which Lenders Use the FICO XD.

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Understanding Why You Have So Many Different Credit Scores

Titan Consulting

All three for-profit credit reporting agencies, Experian, Equifax and Transunion compile and report consumer credit and debt payment activity and sell this consumer information to lenders seeking to grant credit. Here’s why: Who Decides Your Credit Score? What is the most used credit score by lenders?

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Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

Fico Collections

These factors and others led our experts in debt collection to address ways that lenders can manage the rising number of people in the collections queue. Here are the top five posts from 2022 on debt collection trends. Digital Debt Collection and Early Collections. Debt Collection and Debt Resolution in 2022.